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Has to be a good idea surely?
A group of local councils in England is formally asking the government for new powers to tax large supermarkets.
BBC News has learned that Derby City Council has called for the right to bring in a levy as a "modest" effort to ensure supermarket spending "re-circulates" in local communities.
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http://www.bbc.co.uk/news/business-28495631
A group of local councils in England is formally asking the government for new powers to tax large supermarkets.
BBC News has learned that Derby City Council has called for the right to bring in a levy as a "modest" effort to ensure supermarket spending "re-circulates" in local communities.
.
http://www.bbc.co.uk/news/business-28495631
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http://bit.ly/1q0EExB
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NOt really - i think the idea in principle is good the problem is its the multinational giants - Amazon is worst offender is paying virtually no tax by taxing the UK bricks and mortar companies the internet giants get away scot free .. how in goods name Luxemburg can provide such massive tax breaks and their Prime miister now runs europe.
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Fair point by Minardi ...
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Amazon is stupidly cheap for a lot of stuff
fck the taxman  |
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the extra tax will be passed on to the poor shoppers who go to supermarkets to avoid the exorbitant markups from "local" corner shops. this council stealth tax is then handed over by individuals in council to anyone they choose appropriate, with little or no direct oversight from anyone, let alone the poor saps who had their money taken.
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how about make the levy big enough to discourage the targeted shops out of the area, then the councillors can make some extra cash by granting exceptions to favoured companies, like a protection racket.
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The biggest markups are made by the Supermarkets.
They corner the local markets and close down opposition, they often have the only available (free) parking in a given area. They avoid tax, by spending money on more land and more outlets, as well as banking offshore using foreign holding companies. They squeeze producers for maximum profitability. Such a tax would never happen though, although it is a very good idea. |
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If we knew the money would be used correctly, ie for free parking in town centres then it would be good idea, but we know it wouldnt be spent correctly.
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The extra tax would be used by Councils to promote their equality and diversity policies, increase their staffing levels to "ensure a more vibrant workforce responsive to the needs of the local communities" blah blah etc etc.........
At the same Councils would continue to levy exhorbitant business rates on town centre shopkeepers and collect their full whack of car parking fees for anyone who has the temerity to try and shop in the town centre. |
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The idea is a good one but I do agree it's unlikely to spent properly if it ever happened.
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There should be a UK Law that what you earn in the UK
Is taxed in the UK for ALL Companies. Once the correct amount of Tax Flowed in from the companies - There would be no need for " extra" taxes . |